Plan Ledger DOL Form 5500 · updated monthly

Allsouth Federal Credit Union401(k)

ALLSOUTH FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.26%

Allsouth Federal Credit Union reported $34,134 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 357th-largest of 807 plans among South Carolina employers on file, and 3,623rd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$13,754,721
Participants with balances329
Active participants309
Employer contributions—
Employee contributions$1,042,051
Employer contribution per active participant—
Average account balance$41,808
Benefits paid to participants$928,750
Plan auditUnmodified (clean) audit opinion
AuditorTHE HOBBS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 329 accts
2023$12.2M · 333 accts
2022$10.8M · 323 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,990
Investment management$11,144
Total administrative$34,134
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$23,054
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$11,144

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,134 · 0.26%
2023$32,528 · 0.28%
2022$29,149 · 0.25%
Same employer
Similar plansFinance & Insurance · South Carolina
Coastal States Bank SC$18.1M · 0.55%
First Palmetto Bank SC$16.9M · 0.50%
Grandsouth Bank SC$14.8M · 0.18%
The Cason Group, Inc SC$12.7M · 0.50%
Palmetto Solar, LLC SC$9.5M · 1.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570407742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.